Economist Tyler Goodspeed: There Are ‘Steps [Biden] Could Be Taking’ on Energy Prices, We’re Not Seeing That
‘There are concrete steps that the administration could be taking today’
EXCERPT:
GOODSPEED: "And on the fiscal policy front, look, one of the biggest drivers of this surge in inflation in recent months has been energy, and there are concrete steps that the administration could be taking today to start bringing down some of the medium to longer-run pressure on energy prices by increasing permitting, increasing leasing. Heck, if they really wanted to bring down some near-term price pressure, they could be issuing some Jones Act waivers, but we're not seeing them do that because it's evidently politically untenable."
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